Power Corporation of Canada stock weighs a 20.1 percent NAV discount

Published on 09/29/2026 at 07:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Power Corporation of Canada stock posted adjusted EPS of CAD 1.55 in Q2 2026, up 12 percent year over year. Wealthsimple surpassed CAD 150 billion in assets under management.

POW, CA7392391016, Illustration mit AI erstellt.

Power Corporation of Canada (CA7392391016) stock was last at CAD 93.45 on the TSX on September 28, 2026 at 4:00 p.m. ET, down 0.88 percent from the prior close. At the CIBC Eastern Institutional Investor Conference on September 24, management presented buybacks, Wealthsimple and artificial intelligence investment as the next value drivers.

A 20.1 percent valuation gap

According to Investing.com on September 24, Power Corporation said its shares traded at a 20.1 percent discount to net asset value, while 90 percent to 92 percent of that value came from public holdings. The stock's CAD 93.45 price was 4.31 percent below its 52-week high of CAD 97.66, giving the valuation gap a clear market reference.

Capital allocation is central to that calculation. The company has repurchased CAD 4 billion of its shares over five years, according to Yahoo Finance on September 25, while management described buybacks as a way to increase net asset value per share when the discount persists.

Wealthsimple adds growth optionality

Power Corporation's operating case also rests on Wealthsimple. Yahoo Finance reported on September 25 that the fintech surpassed CAD 150 billion in assets under management, recorded CAD 17 billion in recent net flows and represented an economic value above CAD 4 billion for the Power and IGM group.

The same conference coverage identified a CAD 150 million artificial intelligence fund, with CAD 50 million commitments from Power Corporation, IGM Financial and Great-West. That combination gives the holding company exposure to both established financial businesses and newer platforms, although the share price still reflects a discount rather than full portfolio value.

Q3 results date is set

Power Corporation's latest reported quarter ended June 30, 2026. Adjusted EPS reached CAD 1.55, up 12 percent year over year, while adjusted net earnings rose 10 percent to CAD 974 million, as reported by The Globe and Mail on September 25.

Power Corporation lists its Q3 2026 financial results for November 11, 2026, after markets close. That date gives investors the next scheduled test of earnings growth, capital allocation and the discount to net asset value.

Stock stays below yearly high

Power Corporation of Canada stock was last at CAD 93.45 on the TSX on September 28, 2026 at 4:00 p.m. ET. The session range was CAD 93.10 to CAD 94.77, volume reached 2,970,165 shares and market capitalization stood at CAD 59.4 billion.